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01/27/2006:
"Dr. Frist Immunizes Big Pharma"
Hidden in the folds of the thickly pork-laden Department of Defense Appropriations bill that slid through Congress just before Christmas and was signed into law a day before New Year’s was a big slab of holiday cheer for the pharmaceutical industry. There were no press releases from congressional offices and no mention in the news – maybe no one wanted to take credit for this latest assault on the 14th amendment.The so-called “Frist provision” – named after the ethically-challenged physician-turned-politician Bill Frist – will immunize Big Pharma from responsibility for vaccine-induced injuries. The main rationale for this latest gift to industry at the expense of the public is -- you guessed it! -- the War on Terror.
Our representatives in Congress pled that corporations like Merck, GlaxoSmithKline, Wyeth, and Eli Lilly might just have to close up shop if they were forced to take responsibility for injuries caused by their products. These companies hardly need the help. Pharmaceuticals, despite their whining about risk, are some of the most profitable businesses in the country with the median profit margin of the top 10 companies more than five times that of all other industries on the Fortune 500 list.
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